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Thread: Merkel Caves to Trump: Germany to Scrap EU Tax on Cars

  1. #1

    Merkel Caves to Trump: Germany to Scrap EU Tax on Cars

    Angela Merkel appears to have caved in to Donald Trump with Germany considering scrapping the European Union’s 10 percent tax on American car imports.

    President Trump’s ambassador to Germany, Richard Grenell, has held high-level talks with German car makers BMW and Volkswagen about dropping car tariffs between the US and Germany.

    The manufacturers said they were open to the idea of dropping tariffs as long as it was part of a larger overall industrial scheme.

    More at: https://www.express.co.uk/news/world...s-trade-war-eu

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  3. #2
    Good deal for everyone as far as I can tell .
    Do something Danke

  4. #3
    German Chancellor Angela Merkel said on Thursday she would back a lowering of EU tariffs on U.S. car imports, responding to an offer from Washington to abandon threats to impose levies on European cars in return for concessions.

    Merkel said any such measures would require the European Union to also lower tariffs on cars imported from countries other than the United States, otherwise the plan would not be conform to World Trade Organization rules.

    More at: https://www.reuters.com/article/us-u...-idUSKBN1JV1GW
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  5. #4
    curiouser and curiouser...

  6. #5
    She will only agree if all countries go along. Not just the US. Not just Germany.

    “I would be ready to support negotiations on reducing tariffs, but we would not be able to do this only with the U.S.,” Merkel said.

    The German chancellor noted that World Trade Organization rules require that if the EU reduced tariffs on U.S. car imports, it would need to implement similar reductions for other countries.

  7. #6
    Quote Originally Posted by Zippyjuan View Post
    She will only agree if all countries go along. Not just the US. Not just Germany.
    It isn't over yet.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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